USAID And South Sudan Launch $225 Million Road Project

By Richard Ruati

NIMULE, Southern Sudan, February 21, 2011 (Sudan Tribune) - The President of Southern Sudan Salva Kiir Mayardit and U.S. Consul General to Juba, Ambassador R. Barrie Walkley inaugurated a project to tarmac 192km of the Juba-Nimule Road with a ceremony near Nimule, Eastern Equatoria state.

LUKoil Mulls More Investments in Africa

By Howard Amos

MOSCOW, December 29, 2010, (TMT) - LUKoil, Russia's largest independent oil producer, has held top-level meetings with representatives from three West African states, including Liberia, as a part of a $9 billion overseas investment program.

Investors Like Regions With Warm Welcome

By Roland Oliphant

MOSCOW, December 6, 2010, (TMT) - Foreign investors are more interested in the legal environment, tax incentives and attitude of the authorities in a region than location, natural resources or infrastructure, according to research released Friday.

Gazprom Finds Gas in Algeria, Eyes Africa

JOHANNESBURG, South Africa, November 10, 2010 (Blommberg) — Gazprom has made its first commercial African gas discovery in Algeria, a move that could enable it to expand gas sales into Spain and Portugal.